Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ZAR to TWD (South African Rand to New Taiwan Dollar) exchange rates

South Africa
Taiwan
ZAR

Interbank Exchange Rate: 1 ZAR = 1.9832 TWD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 ZAR =
1 974.50 TWD
Transfer Limit (ZAR): No Limits
Indicative Rate1 ZAR = 1.9745 TWD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about South African Rand to New Taiwan Dollar money transfers

Easily compare money transfer providers in one place to send money from South Africa to Taiwan. Send money overseas to your loved ones by comparing South African Rand (ZAR) to New Taiwan Dollar (TWD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from South Africa to Taiwan.

The best rate to send New Taiwan Dollar from South African Rand to your loved ones in Taiwan is currently offered by Regency FX; their 1 ZAR to TWD exchange rate today is 1.9745.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from South Africa.

Were you looking to send money from Taiwan to South Africa instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest ZAR to TWD Conversion Rates

Here are some latest ZAR to TWD (South African Rand to New Taiwan Dollar) exchange rates for popular conversion amounts*.

1 ZAR1.98 TWD
5 ZAR9.92 TWD
10 ZAR19.83 TWD
25 ZAR49.58 TWD
50 ZAR99.16 TWD
100 ZAR198.32 TWD
150 ZAR297.48 TWD
200 ZAR396.64 TWD
250 ZAR495.80 TWD
300 ZAR594.96 TWD
400 ZAR793.28 TWD
500 ZAR991.60 TWD
600 ZAR1,189.92 TWD
700 ZAR1,388.24 TWD
800 ZAR1,586.56 TWD
1,000 ZAR1,983.20 TWD
1,500 ZAR2,974.80 TWD
2,000 ZAR3,966.40 TWD
2,500 ZAR4,958.00 TWD
3,000 ZAR5,949.60 TWD
4,000 ZAR7,932.80 TWD
5,000 ZAR9,916.00 TWD
10,000 ZAR19,832.00 TWD
15,000 ZAR29,748.00 TWD
20,000 ZAR39,664.00 TWD
30,000 ZAR59,496.00 TWD
40,000 ZAR79,328.00 TWD
50,000 ZAR99,160.00 TWD
100,000 ZAR198,320.00 TWD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from South Africa to Taiwan?

With the global remittance market booming, there are so many choices for South African Rand to TWD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Taiwan from South Africa. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final TWD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from South Africa to Taiwan?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your ZAR to New Taiwan Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from South Africa to Taiwan. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for ZAR to TWD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Taiwan from South Africa?

When you want to send money to Taiwan from South Africa, you obviously want the cheapest possible option to maximize the money your recipient gets in New Taiwan Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ZAR to TWD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from South Africa to Taiwan. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best South Africa to Taiwan exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send New Taiwan Dollar overseas.


Should I use my bank to transfer money from South Africa to Taiwan?

We do not recommend using your local bank in South Africa for your next ZAR to TWD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from South Africa to Taiwan (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending TWD to Taiwan. These companies will let you use your local bank account in South Africa to pay for your Taiwan money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Taiwan from South Africa fast?

If you need to convert ZAR to TWD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from South Africa to Taiwan could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your South African Rand to New Taiwan Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Taiwan.

With so many choices available, make sure to compare various forex operators that enable you to remit money from South Africa to Taiwan. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from South Africa to Taiwan?

South Africa to Taiwan money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Taiwan as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best South African Rand to New Taiwan Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Taiwan from South Africa

Follow the below easy steps to send money to Taiwan from South Africa.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your South Africa bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Taiwan).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your ZAR to TWD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.